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      Home > News > Business

    The Prime Minister says he's not responsible for former Reserve Bank Governor Adrian Orr's payday topping 400-thousand dollars

    The Prime Minister says he's not responsible for former Reserve Bank Governor Adrian Orr's payday topping 400-thousand dollars


    Orr resigned in March, after tension between the board and the Finance Minister over bank funding.

    The central bank's annual report shows Orr will get a 416-thousand-dollar restraint of trade payment this month.

    Chris Luxon says this is a bank employment matter.

    He says he doesn't sign off on a contract like that, which is an issue between the Board and the Governor.

    © 2025 Newstalk ZB, NZCity

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